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The income statement for the month of June 2014 of Taylor Enterprises contains the following information: total Revenues 8,000, total expenses 4100, and net Income

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The income statement for the month of June 2014 of Taylor Enterprises contains the following information: total Revenues 8,000, total expenses 4100, and net Income 3900 After all closing entries have been posted, the revenue account will have a balance of 0. 3900 credit 900 debits. 8000 credit

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